What is the correct interpretation of path dependence in Delaware corporate law?

  • Delaware’s accumulated corporate case law makes historical case law irrelevant that reinforces its continuing role in U.S. corporate governance
  • Delaware’s accumulated corporate case law prevents courts from using precedent that reinforces its continuing role in U.S. corporate governance
  • Delaware’s accumulated corporate case law creates path dependence that reinforces its continuing role in U.S. corporate governance
  • Delaware’s accumulated corporate case law eliminates all influence from earlier legal decisions that reinforces its continuing role in U.S. corporate governance